$ENA
Technical Analysis (1H Chart)
Current Price: $0.3998 (-4.61%)
RSI(6): 38.90 (Weak momentum)
MA(7) < MA(25) < MA(99) → Bearish structure
Short Prediction:
Price recently bounced from $0.3811 support but facing resistance near $0.4050. Weak RSI and MA rejection suggest limited upside. Prefer short trade.
Trade Setup (Short):
- Entry: $0.3998
- Stop Loss: $0.4065
- Target 1: $0.3920
- Target 2: $0.3850
- Target 3: $0.3780
Market Outlook:
Volume declining, RSI under 40, and price below all major MAs. Short-term sentiment remains bearish unless price breaks above $0.4065 with volume.
Go for Trade: Yes, short setup active below $0.4065
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